15 June 2017 - Listed health insurer NIB wants to offer discounts to younger Australians who take up private health coverage before they turn 30 but says it is being hampered by lack of reform in the $165 billion sector.
Mark Fitzgibbon, the chief executive of NIB said that while the Lifetime Health Cover loading – a government initiative that incentivises people to take out and maintain health insurance earlier – was working, the $2.3 billion insurer wants to offer advantages to those who take out cover at a younger age.